Reference no: EM133070976
Question - Vaughn, Inc., manufactures clamps used in the overhead bin latches of several leading airplane models. Jason Allen, President of Vaughn, Inc,. has gathered the following cost information from the company's accounting records for the latest month of operations.
Advertising $24,000
Fire insurance premium for factory building $6250
Sales office utilities $2500
Air Filters for the buffing machines used to produce clamps $1875
Aluminum used to produce the clamps $37,000
Rent on the factory building $10,000
Freight to ship the clamps to customers $3125
Sales Department executives salaries $42,000
Production supervisors salaries $20,000
Assembly line workers wages $58,000
Required -
1. Calculate the total period costs for the month?
2. Calculate the total production costs for the month?
3. Calculate the amount of manufacturing overhead incurred for the month?
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: Vaughn, Inc., manufactures clamps used in the overhead bin latches of several leading airplane models. Calculate the total production costs for the month
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